VanEck: Bitcoin Could Reach $1 Million Within 5 Years

Odaily星球日报讯 Matthew Sigel, Head of Digital Asset Research at VanEck, stated that the price of Bitcoin is expected to reach $1 million within the next five years. He likened Bitcoin's adoption path to a video game, progressing from an early niche group to mass普及, and is particularly optimistic about young investors continuing to increase their allocations.

However, this prediction is still aggressive compared to the current price of around $80,000, and similar optimistic views in the market largely originate from institutions holding Bitcoin positions.